Cramer's 'Mad Money' Recap: Next Week's Game Plan
NEW YORK (TheStreet) -- Get used to the new market where interest rates rule the roost, Jim Cramer told his "Mad Money" TV show viewers Friday as he laid out his game plan for next week's trading.
Cramer said that first thing Monday morning, investors should be adding the CBOE Interest Rate 10-Year Treasury Index, TNX, to their screens. He said this measure of interest rates has become an excellent contra-indicator. When interest rates are on the rise, stocks are headed lower.
Tuesday brings new home sales and the Case-Schiller index. Cramer said these data points are very tricky because both too hot and too cold will be seen as bad news. Also on Tuesday, Lennar
On Wednesday, Cramer will be watching Paychex
Also making the list on Thursday are Nike
Finally, on Friday BlackBerry
Five Easy Pickings
The markets may not be done heading lower, but that doesn't mean its too early to begin picking amongst the rubble, Cramer told viewers, as he highlighted five stocks that are ripe for the picking.
Cramer said with Obamacare just around the corner, the health care industry will be springing back to life, which will be great news for Healthcare REIT
Another real estate investment trust winner will be Liberty Property Trust